AI Pricing Engine for Parking Lots.
Rethink Pricing and Increase Revenue up to 40%.
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Rates adjust in real time to current and future demand, so every spot earns its maximum value.
From quiet weekday mornings to event peaks, GENIE prices every hour to match real demand. The system continuously learns from your parking's traffic patterns and external signals like local events, weather, and traffic, adjusting rates faster and more precisely than any manual process can.
Fine-tunes the mix between subscribers and transient customers for maximum total profitability.
Subscribers give you long-term revenue stability. Transient customers give you high-margin upside. The right mix depends on your asset, the time of day, and your local demand. GENIE simulates thousands of scenarios to find the optimal balance, and updates it as conditions change.
Calibrates subscriber capacity every hour to maximize occupancy.
Airlines and hotels overbook because not every reservation is used. The same logic applies to subscriber spots in a parking lot. GENIE calculates the ideal number of subscriptions to sell based on real usage patterns, increasing occupancy without breaking promises to subscribers.
Flat rates ignore demand. The result is three quiet leaks, and GENIE closes all three.
Peak hours earn the same as empty ones, so you turn drivers away and sit half-empty on the same day.
Too many contracts locks out high-margin drivers but too few leaves guaranteed spaces empty.
Subscribers don't show up every day, so guaranteed spaces go unused, revenue you never recover.
A GENIE simulation: one day of price reacting to demand.
The same gains dynamic pricing delivers in airlines and hotels, now applied in the parking industry.
If GENIE doesn't grow your revenue, you don't pay. Zero risk, real upside.
You set the rules. GENIE optimizes within your limits and shows you every move it makes.
We consume live occupancy data from your PMS, plus external signals like events and weather. Our AI detects demand trends early and predicts occupancy before it happens.
Our AI pricing engine calculates the optimal price to maximize revenue and occupancy, within the bounds you set. Not just for the next hour, but for the long term.
Works with your existing PMS, no new hardware, no workflow changes. We integrate via your platform's API or export feeds. One hour kickoff call.
GENIE is designed for operators who run off-street car parks on a parking management system, the people responsible for what each space earns.
Off-street car parks running on a PMS, mixing subscribers and transient drivers. GENIE prices every hour and tunes the mix, within the limits you set.
Owners who treat parking as an income-producing asset and want its NOI to keep pace with the portfolio.
Venues with sharp, event-driven demand peaks, where the right price at the right moment is the difference between full and half-empty.
It doesn't have to. GENIE optimizes within limits you set, you can cap how high and how fast prices move, and protect subscriber and regular rates. In practice, dynamic pricing often means lower prices during quiet hours, which regulars notice as fairness, not as a penalty.
No. GENIE is software that works with your existing parking management system (PMS). We integrate through your platform's API or export feeds, there are no barriers, cameras, or terminals to install, and no change to how drivers pay.
Yes. You define the rules, floors, ceilings, maximum step sizes, protected rates, and GENIE optimizes only within those bounds. Every price change is visible and explainable, so you always know why a rate moved.
It is the upper end of what GENIE's own simulations show, and it mirrors the revenue gains that dynamic pricing has delivered for decades in airlines and hotels. It is a modelled figure, not a guaranteed customer result, real uplift depends on your asset, demand, and starting point.
Your guardrails are the safety net: prices can never move outside the limits you set. GENIE learns continuously from actual occupancy, so it corrects quickly, and you can review or override any decision at any time.
Or email pardalis@genieparking.com